First Watch Restaurant: The Risk I Flagged Is Now In The Price

First Watch Restaurant Group, Inc. ( FWRG )—one of the largest daytime-only restaurant chains in the United States—reported its results yesterday , and let's just say shareholders didn't have much to smile about.I’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific ...